Matched betting is one of the most popular betting options in the last few years. Many sites teach you this method as it is a great way for players to learn some extra cash while having fun.
But how much money can you realistically earn and can it provide a good online income in 2018? Read more and find out.
What is Matched Betting?
Matched betting is a simple betting strategy that involves placing multiple bets on different outcomes in order to increase the chance of winning and reduce risk while betting. This can be done by taking advantage of the bonuses and promotions that online bookmakers offer to players. Though sportsbooks often offer bonuses and promotions only for new players joining their platform, there is a way around this. Due to a large number of online betting options, it is possible to make a good living and a sustainable amount of money just by going through these bonus offers and playing with multiple bookmakers at the same time.
How to start?
Its pretty simple to start online matched betting. Your best option is to find a reliable matched betting service that has good instructions, Yesbets is a good option for this. There are sportsbooks that offer you free playing money, which is a great way to explore the service and make a profit, especially if you are a beginner at the game of matched betting. Of course, with free money offers, there is usually a maximum win limit, but everything you win up to that limit is yours to keep. The best part of this entire thing is that matched betting counts as completely tax-free profit.
How does it function?
Matched betting gives you two main options to bet on when you play. You can place a bet at a bookmaker (placing your bet on the outcome) and can place the bet at the betting exchange (placing your bet against the outcome). This is the good side of matched betting, you’ve covered both outcomes, no matter how the results swing. You can only end up losing a small amount of money, but if you use the sportsbook bonuses and incentives wisely, you can easily earn that tax-free profit.
If you look for and research some reputable betting blogs and sources, you can easily find really detailed and comprehensive rundowns of how matched betting works and how you can use it to your advantage.
Keep in mind, matched betting takes time. You need to explore various options and devote consistent and regular time to playing and researching the best available offers. There are many online guides on how to generate regular income just by playing standard sports betting offers. If you combine standard sports with other options like casino bonuses then you’re looking at a pretty nice monthly income. Advanced players can expect monthly profits in the thousands. Just be patient, learn the rules and in time you will have a very successful outcome.